THE EFFECT OF FINANCIAL DISTRESS, CAPITAL INTENSITY, MANAGERIAL OWNERSHIP, AND INSTITUTIONAL OWNERSHIP ON THE PRUDENTIAL PRINCIPLE

Penulis

  • Vicry Leslie Prayody Wachyudar Universitas Trisakti - Akuntansi
  • Hasnawati Hasnawati

DOI:

https://doi.org/10.30736/jpensi.v7i3.1233

Abstrak

The purpose of this study is to analyze and determine the effect of Financial Distress, Capital Intensity, Managerial Ownership, and Institutional Ownership on the Prudential Principle. The population of this study is the Transportation & Logistics Sector and Energy Sector companies listed on the Indonesia Stock Exchange (IDX) in 2019-2021. The sample was selected based on the purposive sampling method obtained from a selection of 34 companies. Data is collected through the Indonesia Stock Exchange (IDX) and the company's websites. The results of this study indicate that Capital Intensity has a positive effect on the Prudential Principle. Meanwhile, Managerial Ownership has a negative effect on the Prudential Principle, and Financial Distress and Institutional Ownership do not affect the Prudential Principle.

Diterbitkan

2022-11-14